INVITED FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$11,406,958
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$11,394,008
Other
59%
Grants
25%
Fees to Service Providers
12%
Salaries & Benefits
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$11,242,698
$11,406,958
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$11,242,698
$11,406,958
+1%
Expenses
2023
2024
Change
Grants
$2,753,156
$2,858,046
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$275,684
$311,306
+13%
Fees to Service Providers
$1,113,564
$1,388,630
+25%
Advertising & Promotion
$13,306
$101,625
+664%
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$6,874,130
$6,734,401
-2%
Total Expenses
$11,029,840
$11,394,008
+3%
Net income
2023
2024
Change
Net income
+$212,858
+$12,950
-94%
Functional Expenses
Summary
2023
2024
Change
Program
$9,222,991
$9,332,017
+1%
Admin
$117,537
$204,862
+74%
Fundraising
$1,689,312
$1,857,129
+10%
Total Expenses
$11,029,840
$11,394,008
+3%
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